Each component of IIF IV has specific requirements. However, in general, an application must include:
a description of the project,
the amount of funding requested,
the justification for the financial need, and the relevance of the program to the project’s implementation,
the project’s location and the client groups targeted,
the timeframe for project implementation,
a breakdown of project expenditure and funding, including details of other expected sources of funding,
a description of the relevant skills and experience of the project promoters and stakeholders,
the expected benefits the project will generate,
the steps taken to check the project’s eligibility for other funding programs,
the estimated operating budget for a three-year period, and
the most recent financial statements, if applicable.
The project selection process has the following stages:
Applications for funding are submitted.
The SAA examines the applications for funding.
As necessary, applications are sent to the relevant government departments and agencies and other partners for review in terms of relevance, feasibility and funding options.
The SAA makes recommendations.
Acceptance or rejection letters are mailed to applicants.
If a project is approved, an acceptance letter is mailed and a funding agreement is signed with the promoter.
